Council newsJune 1999James J. Moylan, chair of the Corporation, Securities and Business Law Section Council was one of the participants at the ISBA Chicago Access Cable television presentation held in April on security laws.
Directors and officers at risk for Y2K liabilityBy Lori Iwan & James K. HorstmanOctober 1999The Year 2000 technology problem may create liability for many, but none so much as America's corporate directors and officers, and the lawyers assigned to protect them.
Fast track at last for LLCs and LPs in IllinoisBy Robert J. Wilson, Jr.June 1999Practitioners engaged in representing limited liability companies and limited partnerships in Illinois will welcome two recently adopted amendments the Illinois Limited Liability Company Act, as amended (the "LLC Act") and the Revised Uniform Limited Partnership Act of 1986, as amended of the state of Illinois ("RULPA").
From the editorBy Robert C. Knuepfer, Jr.June 1999Our fourth issue of the newsletter was developed by council member, John Doyle, and includes our regular columns and some interesting new ones
From the editorMay 1999Our third issue of the newsletter was developed by council member, Patricia C. Holland, and includes our regular columns and some interesting new ones.
From the editorBy Robert C. Knuepfer, Jr.March 1999Our second issue of the newsletter was developed by council member, Donna Cunningham, and includes our regular columns and some interesting new ones
Insurance coverage issues for the Y2K computer crisisBy Roger L. RutherfordOctober 1999As the new millennium draws near, the Year 2000 (Y2K) computer problem may disrupt communication, manufacturing, transportation, security systems, electronic data processing operations and many of the other daily activities that we take for granted.
ISBA Pro Bono ProjectBy William D. McGrathMarch 1999There are many reasons why attorneys in Illinois do pro bono legal work; it is rewarding, it provides needed help for clients with legitimate legal problems; it furthers the profession's standards of ethics and it gives volunteers experience and training.
Piercing the corporate veilBy Brent H. GwillimMarch 1999A recent Fifth District case provides an interesting set of facts and a good analysis of the current methods by which a court will consider piercing the corporate veil.
Purchase of assets—The duty to WARNBy Rob SeigelMay 1999Frequently, when one corporation contracts to purchase the assets of another, the purchaser has no intention of continuing to operate the seller's business as an ongoing concern.
Staying out of trouble with the SEC: Tips for the brokerage firmBy Dexter B. JohnsonMarch 1999Over four years ago, the Securities Exchange Commission ("SEC") caused considerable consternation within the management ranks of some of the nation's largest brokerage firms when, through a series of high profile cases, it began to dramatically increase the number of administrative actions and sanctions against brokerage firm supervisors and managers.